Three-Year Employment Agreement Renewal and Extension Acknowledgment between Quaker City Bank and Frederic R. McGill

Summary

Quaker City Bank and Frederic R. McGill have agreed to renew and extend Mr. McGill's employment agreement for an additional three years, setting the new term to end on June 30, 2003. This acknowledgment confirms the Board of Directors' decision, made on June 15, 2000, to continue Mr. McGill's employment under the same agreement for the specified period.

EX-10.6.6 2 0002.txt EMPLOYMENT AGREEMENT WITH FREDERIC R. MCGILL Exhibit 10.6.6 Quaker City Bank Three Year Employment Agreement Renewal and Extension Acknowledgment between Quaker City Bank and Frederic R. McGill dated July 1, 2000. QUAKER CITY BANK THREE YEAR EMPLOYMENT AGREEMENT RENEWAL AND EXTENSION ACKNOWLEDGMENT Name of Executive: Frederic R. (Rick) McGill ----------------------------------------------------------- The undersigned executive does hereby acknowledge that, at their regularly scheduled meeting on June 15, 2000, the Board of Directors of Quaker City Bank acted to renew and extend the Quaker City Bank Three Year Employment Agreement with the undersigned executive to a full thirty-six (36) month term, until June 30, 2003. Dated this ___1st___ day of ______July___________, A.D.,____2000_______________. QUAKER CITY BANK /s/Frederic R. McGill By: /s/Jerome L. Thomas - ---------------------------------------- --------------------------- Executive Chairman of the Board